loanDepot Mortgage
Borrowers wanting a full-service non-bank lender with digital convenience and a wide loan menu.
Rate shoppers needing transparent, published pricing before engaging with a loan officer.
loanDepot is one of the largest non-bank mortgage originators in the U.S., and this page reflects that scale: it covers purchase loans, refinances, home equity products, and government-backed options (FHA, VA, 203k) all under one roof. That breadth is genuinely useful if you have a complex borrowing need — say, a renovation loan or a VA cash-out refi. The problem for rate-conscious shoppers is that this homepage publishes zero rate information. With the Fed Funds Rate sitting at 3.63% and 30-year fixed mortgage rates broadly hovering well above that — typically in the 6.5%–7.5% range depending on credit profile and loan type — the spread between benchmark and mortgage rates remains elevated by historical standards. That makes rate comparison more important than ever, not less. loanDepot does not make that easy from this entry point. You will need to initiate an application or speak to a loan officer to get actual numbers. If you're comparing lenders, use SwitchWize's mortgage rate table to benchmark any loanDepot quote against current market offers before committing — the difference of even 0.25% on a 30-year loan can mean tens of thousands of dollars over the life of the loan.
Request a Loan Estimate (federal form) to compare the full APR, not just the rate. Confirm all origination fees and closing costs.
May 2026
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Click 'Apply Now' on loandepot.com or call (888) 983-3240 to start a new loan. The process is fully digital — upload documents online and sign via DocuSign. A loan officer will guide you from application through closing.
loanDepot is one of the largest non-bank mortgage originators in the U.S., and this page reflects that scale: it covers purchase loans, refinances, home equity products, and government-backed options (FHA, VA, 203k) all under one roof. That breadth is genuinely useful if you have a complex borrowing need — say, a renovation loan or a VA cash-out refi. The problem for rate-conscious shoppers is that this homepage publishes zero rate information. With the Fed Funds Rate sitting at 3.63% and 30-year fixed mortgage rates broadly hovering well above that — typically in the 6.5%–7.5% range depending on credit profile and loan type — the spread between benchmark and mortgage rates remains elevated by historical standards. That makes rate comparison more important than ever, not less. loanDepot does not make that easy from this entry point. You will need to initiate an application or speak to a loan officer to get actual numbers. If you're comparing lenders, use SwitchWize's mortgage rate table to benchmark any loanDepot quote against current market offers before committing — the difference of even 0.25% on a 30-year loan can mean tens of thousands of dollars over the life of the loan.
What is the difference between a mortgage interest rate and APR?
The interest rate is what the lender charges to borrow the principal. APR (annual percentage rate) folds in lender fees, origination charges, and points into one comparable number. Always compare APR when shopping lenders — a low rate with high fees can cost more than a slightly higher rate with lower fees.
What credit score do I need to qualify?
Most conventional mortgages require a minimum 620 FICO score; FHA loans allow as low as 580 with 3.5% down. Higher scores unlock lower rates — a 40-point difference can shift your rate by 0.25–0.50%.
How long does mortgage underwriting take?
Most purchases close in 30–45 days from application; refinances typically take 30–60 days. A pre-approval (full credit and income check) can be done in 1–3 business days at most lenders.
Rates are sourced from Bankrate and verified by SwitchWize. SwitchWize may earn a referral fee when you click through to a partner. Content is for informational purposes only and does not constitute financial advice. Verify current rates directly with the institution before opening an account.